New milestone for ‘alternatively fuelled vehicles’
The percentage of new car registrations that were alternatively fuelled vehicles (AFVs) reached a market share of 4% for the first time in January 2017, new figures have shown.
Published on 6 February, the Society of Motor Manufacturers and Traders (SMMT) figures show that of the 174,564 new cars registered last month, 7,279 were AFVs (4.2%).
In January 2016, 6,072 AFVs, which include electric and hydrogen vehicles, were registered - a market share of 3.6%.
The UK new car market achieved a 12-year high in January 2017; the figure of 174,564 represents a 2.9% year-on-year rise and is the highest number since 2005.
Across the market, private motorists led the growth, registering 76,729 new cars, up 5.0%. Fleet demand also grew marginally by 1.4% to 91,181, while business registrations fell by -1.0% to 6,654.
Mike Hawes, SMMT chief executive, said: “2017 got off to a good start in the new car market, buoyed by a great range of new models which are safer and cleaner than ever before.
“It’s encouraging to see alternatively fuelled vehicles benefiting from this positive growth, reaching a record market share.
“After record growth in 2016, some cooling is anticipated over the coming months, but provided interest rates remain low and the economy stable, the market is in a good position to withstand its short-term challenges.”
New car sales reach record high in 2016
05 January 2017